SHANGHAI TEXTILES IMP．&EXP．CORP．
27 ZHONGSHAN ROAD.SHANGHAI.CHINA
TEL：86—21—63218467 FAX：86—21—63291267
SALES CONFIRMATION
No：sT0603ll
Date：Aug．15，2006
TO：SUPERB AIM(HONGKONG)LTD．
RM．504 FUNGLEE COMM BLDG KOWIOON．HONGKONG
We hereby confirm having sold to you the following goods on terms and conditions as stated below．
NAME OF COMMODITY：textile
SPECIFICATION： Twill 2／1 108x54／20×20 59”
PACKING： Packed in cartons of ten meters
QUANTITIY： Total 10 000 meters
UNIT PRICE： USD 54．00 per meter CIFC2 H．K．
TOTAL AMOUNT： USD 540 000．00
(SAY US DOUARS FIVE HUNDRED AND FORTY THOUSAND ONLY．)
SHIPMENT：During Oct／Nov．2006 from Shanghai to H，K．with partial shipments permitted．
INSURANCE：To be covered by the seller for 1 10％of total invoice value against all risks and war risks as per the relevant ocean marine cargo clauses of the PICC dated 198I／01／01．
PAYMENT：The buyer should open through a bank acceptable to the seller an irrevocable L／C payable at 30 days after B／L date to reach the seller 30 days before the month of shipment、ralid for negotiation in China until the 15th day after the date of shipment REMARKS：Please sign and retum one copy for our file．
The Buyer： The Seller：
Alice SHANGHAI TEXTILES IMP．＆EXP．CORP．
HONGKONG&SHANGHAI BANKING CORPORATION
QUEENS ROAD CHNTERAL，P．O．BOX 64，H．K．
TEL：822-1111 FAX：810-1112
Advised through：Bank of China， NO．CN3099／714
Shanghai Branch， DATE：Oct．2th，2006 H．K．
To：SHANGHAI TEXTILES IMP&EXP CORPORATION
27 ZHONGSHAN ROAD，SHANGHAI，CHINA
Applicant：SUPERB AIM (HONGKONG)LTD．
RM．450 FUNGLEE COMM BLDG KOWLOON，HONGKONG
Dear Sirs，
We hereby open our irrevocable L／C No．CN3099／714 in your favour for a sum not exceeding about HKD540 000．00(SAY HK DOLLARS FIVE HUNDRED FORTY THOUSAND ONLY)available by your drafts on HSBC at 30 days after sight accompanied by the following documents：
1．Signed commercial invoice in 6 copies．
2．Packing List in quadruplicate．
3．2／3 clean Oil board B／L made out to order notify the above mentioned applicant and marked“Freight Collect”dated not later than October 3 1 th，2006．From Shanghai to Hongkong，partial shipment are not permitted．
4．Insurance policy in 2 copies covering All Risks and War Risks for 150％invoice value as per the relevant ocean marine cargo clauses of the PICC dated 198I／01／01．
5．Certificate of Origin issued by China Council for Promotion of International Trade．
6．A certificate issued by the beneficiary and countersigned by